Stocks in news: Tata Motors, RVNL, Eicher Motors, Mazagon Dock
A sustained close above 24,200 would be needed to improve the near-term structure, said Ponmudi R, CEO of Enrich Money. Synopsis. Indian equity markets
A sustained close above 24,200 would be needed to improve the near-term structure, said Ponmudi R, CEO of Enrich Money. Synopsis. Indian equity markets


Crude prices, Fed bets and more: What's in store for markets this week
Breaking News | Odisha News | India News | World News | Odisha Today. Banner ... Ponmudi R, CEO – Enrich Money said.The increase came as renewed US-Iran
OOdisha Today News Network Pvt Ltd


US-Iran situation, US inflation data among 10 key factors to watch
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. 3) US inflation data: With the latest US jobs data coming in stronger than
JJKUpdates


How Asian markets, crude will impact Sensex, Nifty tomorrow
New Delhi, Sept. 6 -- Stock Market prediction for Monday, 7 September ... According to Ponmudi R, CEO - Enrich Money, on the upside, the 77,000-77,500
TTradingView


West Asia conflict, crude oil prices, US inflation data to steer stock
Ponmudi R, CEO - Enrich. Money, said. Follow @mpostdigital · @mpostdigital ... New. Icon News Hub. Icon News Hub. News Hub Powered by iZooto
Wwww.millenniumpost.in


West Asia conflict, crude oil prices, US inflation data to steer stock
Ponmudi R, CEO – Enrich Money, an online trading and wealth tech firm, said. ”With the latest US jobs data coming in stronger-than-expected and pointing to
Wwww.firstpost.com


Dalal Street Week Ahead: US-Iran situation, US inflation data among
CEO of Enrich Money, an online trading and wealth tech firm, said. Story ... Discover the latest Business News, Sensex, and Nifty updates. Obtain
MMoneycontrol


How Asian markets, crude will impact Sensex, Nifty tomorrow
According to Ponmudi R, CEO - Enrich Money, on the upside, the 77,000-77,500 ... Latest news. Made by humans
TTradingView
Crude prices, Fed bets and more: What's in store for markets this week
Brent crude rose more than 8 per cent over the week, while WTI crude gained over 9 per cent, Ponmudi R, CEO - Enrich Money said. ... Get the latest Business News
TThe Times of India
Stock Market Prediction This Week: Crude oil, US inflation, West
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. With the latest US jobs data coming in stronger-than-expected and pointing to
EET Now
Pre-Market Outlook
08:46 AM
Indian markets are expected to begin the session on a firmer footing, supported by Wall Street's overnight rebound and gains across Asian equities as easing global bond yields provide some relief to risk assets. U.S. Treasury yields retreated after Federal Reserve Governor Christopher Waller suggested that another rate hike may not be necessary if upcoming inflation data remains moderate. Even so, Friday's U.S. nonfarm payrolls report remains the week's key macro event and is expected to shape expectations for the Federal Reserve's policy path. However, with geopolitical uncertainty persisting and crude oil prices holding at elevated levels, investors may remain reluctant to carry aggressive positions into the weekend, potentially limiting upside and prompting some profit-taking at higher levels.
Asian markets are trading higher in early trade, supported by the pullback in global bond yields and Wall Street's positive close overnight. Japan's Nikkei 225 is up around 0.5%, while South Korea's Kospi has gained more than 1%. Despite the improved global backdrop, investors remain focused on crude oil prices and developments in the Middle East, which continue to drive broader risk sentiment.
WTI crude is holding in the $91–92 per barrel range, with oil prices on track for their biggest weekly gain since July as the ongoing U.S.-Iran conflict raises the risk of further supply disruptions through the Strait of Hormuz. Elevated energy prices remain a key headwind for inflation expectations and global financial markets.
On the geopolitical front, the U.S.-Iran conflict remains elevated, with both sides continuing to exchange strikes and no clear signs of meaningful de-escalation. The prolonged uncertainty surrounding the conflict is likely to keep investors cautious, sustaining volatility across global financial markets while leaving crude oil prices highly sensitive to further developments.
Technical view
Nifty 50
Nifty 50 remains in a corrective phase, with the broader technical structure indicating continued weakness. The short- and medium-term moving averages continue to slope downward, indicating persistent selling pressure and a lack of sustained buying interest. On the upside, the 24,000–24,200 region remains the immediate resistance zone. The 24,000 psychological mark is particularly important, as the index has struggled to sustain moves above this level. A sustained move above 24,200 would be required to stabilize the near-term structure, while a decisive breakout above 24,400 would strengthen bullish momentum and signal a more meaningful recovery.
On the downside, 23,800 remains the immediate support zone. A decisive break below this level could intensify selling pressure and drag the index towards the 23,600 zone, which also serves as an important swing support. Momentum indicators remain weak, reinforcing the prevailing bearish undertone. Overall, the near-term technical outlook remains weak.
Bank Nifty
Bank Nifty continues to demonstrate comparatively better resilience, although the index remains vulnerable to selling pressure at higher levels. On the upside, the 57,700–57,800 region remains the immediate resistance zone, followed by the major 58,000 level. The index has repeatedly encountered selling pressure near the upper end of this range, indicating persistent supply at higher levels. A decisive and sustained breakout above 58,000 would be essential to shift the near-term sentiment decisively in favour of the bulls and could support a stronger recovery.
On the downside, 57,300–57,200 remains the immediate support zone. Holding above this region would help maintain the prevailing range-bound structure, while a decisive break below 57,200 could intensify selling pressure and expose the index to the 57,000–56,800 region. The broader technical structure remains range-bound, with the index continuing to consolidate within a wider trading range. Overall, the near-term technical outlook remains cautious and range-bound.
Ponmudi R, CEO of Enrich Money
NIFTY50
BANK NIFTY

View All

Order Types & Trade Execution: Choosing the Right Order at the Right Time
Free
Kannada
3:00PM

Decode the Option Chain with OI Hub
Free
Tamil
3:00PM

Smart Options Execution with OI & Trend Analysis
Free
Tamil
12:00PM

Advanced Trading Analysis : OI, Strategies ,Trader Mode
Free
Malayalam
5:00PM
Send all media enquiries to
digitalmarketing@enrichmoney.in